(Reuters) - The benchmark S&P 500 index and the Nasdaq opened lower after three days of gains on Thursday as technology stocks took a beating from Appleā€™s decline and weakness in chipmakers.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average .DJI fell 36.77 points, or 0.15 percent, at the open to 24,711.30. The S&P 500 .SPX opened lower by 7.48 points, or 0.28 percent, at 2,701.16. The Nasdaq Composite .IXIC dropped 36.62 points, or 0.50 percent, to 7,258.62 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

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